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Saudi Arabia's Water & Electricity Company (WEC) has received 15 statements of qualifications (SoQs) from top developers or consortiums for building an independent sewage treatment project (ISTP) in the Taif region of the Kingdom.
The companies who have submitted the SoQs include major overseas players such as Acciona Agua (Spain); China Gezhouba Group Company (Beijing); Marubeni Corporation (Japan); Orascom Construction (Egypt); Samsung Engineering Company (Korea); Suez Groupe (France); along with local Saudi companies like Al Balagha Investments, Saudi Services for Electro Mechanic Works Company (SSEM) and Al Yamama Company.
The list also includes major consortiums comprising Metito Utilities, Power and Water Utility Company for Jubail and Yanbu (Marafiq) and Mowah Company; China Tiesiju Civil Engineering Group and Asma Advanced Solutions; Cobra Instalaciones y Servicios and the International Water Distribution Company (Tawzea); FCC Aqualia and Alkhorayef Group; Mitsui and Miahona Company; and Utico, Toshiba Water Solutions and Majis Industrial Services, WEC said in its statement.
The new ISTP, being developed in line with Vision 2030 initiative, will have a total treatment capacity of up to 270,000 cubic meters per day on completion.
WEC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the project, together with associated infrastructure and facilities.
Under a 25-year sewage treatment agreement with WEC, the project company, which will be incorporated to develop the project, will treat the entire sewage capacity supplied by the utility firm.
Additionally, WEC’s obligations under the sewage treatment agreement will be supported by a credit support agreement from the Saudi government.
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